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UAL reports $87.47 million net loss, $1.42 billion revenues for November
By Jeff Pines
Washington, Dec. 21 - UAL Corp., the parent of United Air Lines, reported an $87.47 million net loss for November on revenues of $1.42 billion, according to its monthly operating report filed Tuesday with the Securities and Exchange Commission.
In October, the company lost $114.41 million on sales of $1.57 billion.
November's operating loss was $188.42 million compared with October's $65.22 million.
Elk Grove Township, Ill.-based United filed for bankruptcy on Dec. 9, 2002 in the U.S. Bankruptcy Court for the Northern District of Illinois. Its Chapter 11 case number is 02-48191.
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